Diary of a Financier

Fractal self-similarity manifest

In Idiosyncrasy on Thu 27 Jun 2013 at 22:25

I noticed this today and thought it was interesting enough to record. The following is a comparison of Apple’s ($AAPL) 1-minute chart and its daily chart as of today. The pricetrends are truly fractals, showing repetitive self-similarily at multiple levels, near and far:

AAPL 1-min & daily

AAPL 1-min & daily

We can glean valuable information from this, too. The reaction of the shortest term (1-minute intraday) chart can be a harbinger of how everything will play-out in the longer, daily version.

–Romeo

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